Tuesday, 27 May 2014

Aditya Birla Nuvo to invest Rs 350 crore in financial services in FY15

Aditya Birla Nuvo (ABNL) is planning to invest Rs 350 crore in its financial services business in the current fiscal. The company has earmarked a capital expenditure plan of around Rs 460 crore for 2014-15.
Aditya Birla Nuvo is a $4 billion conglomerate operating in the services and the manufacturing sectors, where it commands a leadership position. Its service sector businesses include Financial Services (Life Insurance, Asset Management, NBFC, Private Equity, Broking, Wealth Management and general insurance advisory), Fashion & Lifestyle (Branded apparels & Textiles) and Telecom.

No comments:

Post a Comment